Accounts payable
90% touchless invoice processing. 0% change management.
Achieve best-in-class invoice processing outcomes, without worrying about changing existing tools and processes. Sound too good to be true?
See our application in action
Watch how we are driving state-of-the-art outcomes in Accounts Payable processing with AI-driven automation
Conquer accounts payable challenges with rapid automation
Managing accounts payable can be a complex and time-consuming process for businesses
Prohibitive costs of manual invoice processing
Highly variable invoice data and consequent data extraction errors
Complex and inefficient workflows that are constrained by repeated human intervention
Payment processing delays and strained vendor relationships
As a team that understands the challenges faced by organizations in their accounts payable operations, we offer advanced automation solutions to overcome these hurdles. Our AI-intuitive solutions provide a comprehensive answer to automating accounts payable processes.
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reduction in invoice processing cost
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faster invoice processing
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lower invoice exceptions
Prohibitive costs of manual invoice processing
Highly variable invoice data and consequent data extraction errors
Complex and inefficient workflows that are constrained by repeated human intervention
Payment processing delays and strained vendor relationships
Sophisticated pretrained extraction models intuitively manage invoice data variations
Advanced data normalization, matching, and reconciliation capabilities
Auto-generate business rules using deep learning for faster value realization
High end-to-end process accuracy and straight-through processing
*for EDI invoices
Heuristic business rules applied over 2+ years to improve invoice auto-matching creates a slow and long arc of value realization.
In contrast, AI-led systems deliver 60% auto-matched invoices on day one.
Manual rule-based system
AI-led automation
A headless solution that plugs efficiency gaps
Integrating seamlessly with your existing tools and infrastructure
- Composable architecture and advanced AI models deliver the highest levels of efficiency for your accounts payable process
- Sits alongside your existing AP workflow systems and integrates seamlessly with your infrastructure, toolsets, and business process with zero change management
- Augment existing processing setup with an AI-based processing system to instantly improve processing outcomes
- 60% auto-match or straight-through processing of invoices* on the first day
- Continuously improved outcomes with models that learn continuously from feedback
- Delivering efficiency of 80-90% auto-matched invoices within 12-18 months of operation
*EDI invoices
- Designed for next-gen paradigms of automation, continuous improvement, and value realization
- Annotation-agnostic models (instead of ontology-based models) that learn from outcomes, save hours in the manual annotation of training data and deliver value faster
- Improve working capital by 7% and reduce revenue leakage caused by incorrect or duplicate payments by 10%
- Automated invoice processing to reduce manual invoice processing costs by 80%
- Capture early payment discounts
- Improve vendor relationships and compliance posture
- Handle small, medium, and large deployments – from 500,000 invoices a year to as much as 5,000,000+ invoices a year
- Support for EDI and non-EDI invoices with differential pricing
- Pay for outcomes – per transaction pricing for successfully resolved invoices
- Pretrained annotation-free models get you started faster, saving time and money in model training and implementation cycles
Hear what our customers have to say
As a team that understands the challenges faced by organizations in their accounts payable operations, we offer advanced automation solutions to overcome these hurdles. Our AI-intuitive solutions provide a comprehensive answer to automating accounts payable processes.
As a team that understands the challenges faced by organizations in their accounts payable operations, we offer advanced automation solutions to overcome these hurdles. Our AI-intuitive solutions provide a comprehensive answer to automating accounts payable processes.
As a team that understands the challenges faced by organizations in their accounts payable operations, we offer advanced automation solutions to overcome these hurdles. Our AI-intuitive solutions provide a comprehensive answer to automating accounts payable processes.
As a team that understands the challenges faced by organizations in their accounts payable operations, we offer advanced automation solutions to overcome these hurdles. Our AI-intuitive solutions provide a comprehensive answer to automating accounts payable processes.
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Ready to revolutionize your accounts payable process?
Book a personalized demo to see how we can transform your operations. Our experts will guide you through the features and benefits of our solutions, tailored to your specific business requirements.